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Morgan Stanley (MEX:MS) Pretax Margin % : 30.92% (As of Mar. 2024)


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What is Morgan Stanley Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Morgan Stanley's Pre-Tax Income for the three months ended in Mar. 2024 was MXN72,941 Mil. Morgan Stanley's Revenue for the three months ended in Mar. 2024 was MXN235,916 Mil. Therefore, Morgan Stanley's pretax margin for the quarter that ended in Mar. 2024 was 30.92%.

The historical rank and industry rank for Morgan Stanley's Pretax Margin % or its related term are showing as below:

MEX:MS' s Pretax Margin % Range Over the Past 10 Years
Min: 11.06   Med: 28.5   Max: 34.86
Current: 24.29


MEX:MS's Pretax Margin % is ranked better than
57.64% of 772 companies
in the Capital Markets industry
Industry Median: 18.72 vs MEX:MS: 24.29

Morgan Stanley Pretax Margin % Historical Data

The historical data trend for Morgan Stanley's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Morgan Stanley Pretax Margin % Chart

Morgan Stanley Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.94 31.46 34.86 28.06 23.31

Morgan Stanley Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.57 22.35 25.33 17.42 30.92

Competitive Comparison of Morgan Stanley's Pretax Margin %

For the Capital Markets subindustry, Morgan Stanley's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Morgan Stanley's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Morgan Stanley's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Morgan Stanley's Pretax Margin % falls into.



Morgan Stanley Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Morgan Stanley's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=200516.792/860034.223
=23.31 %

Morgan Stanley's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=72940.541/235915.765
=30.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Morgan Stanley  (MEX:MS) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Morgan Stanley Pretax Margin % Related Terms

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Morgan Stanley (MEX:MS) Business Description

Address
1585 Broadway, New York, NY, USA, 10036
Morgan Stanley is a global investment bank whose history, through its legacy firms, can be traced back to 1924. The company has institutional securities, wealth management, and investment management segments. The company had over $4 trillion of client assets as well as over 80,000 employees at the end of 2022. Approximately 50% of the company's net revenue is from its institutional securities business, with the remainder coming from wealth and investment management. The company derives about 30% of its total revenue outside the Americas.